Tag Archives: Oil prices rise on concerns over tight supplies

Oil prices rose in volatile trade on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about lower demand in China, the world’s biggest crude importer, and further increases in US and European interest rates. Brent crude had risen 50 cents, or 0.5 per cent, to $94.50 a barrel by 0644 GMT, while WTI crude increased …

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